Anchorage Real Estate Home Sales, Prices and New Construction Update

I read Alaska Journal of Commerce weekly business report every week. Personally, I believe they do a great job reporting on most aspects of business and general economic topics of interest to Alaskan's.

For the week of February 10, there were several good articles on the real estate market, touching on a span of topics including home sales, prices, home inventory and new constructions. I've reported similar information over the past couple of months.

Alaska Association of Realtor, president Michael Droege says that year over year sales prices were up about 6.2 percent over previous year, or about $17,000. The volume of real estate sales also grew approximately 8.5% over the previous year.